Guangdong Hydropower plans to invest 4.15 billion yuan to increase photovoltaic and energy storage projects

On November 17, 2021, Guangdong Hydropower No. 2 Bureau Co., Ltd. (hereinafter referred to as the "Company") signed the "Fushan Industrial Park Source-Grid-Load-Storage Integrated Energy Management Project Investment Framework Agreement" with the Management Committee of Fushan Industrial Park, Zhuhai City, Guangdong Province (hereinafter referred to as the "Fushan Management Committee"). The Fushan Management Committee agreed that the company would invest in the construction of a source-grid-load-storage integrated energy management project in the Fushan Industrial Park. The specific construction content includes distributed photovoltaic projects, energy storage projects, integrated energy management centers, smart parking lots and other projects. The total investment of the project is about 4.15 billion yuan. The company will use its own funds and loans from financial institutions to invest.

Construction content: It is planned to invest in the construction of an integrated energy management project integrating source, grid, load and storage. The specific construction content includes distributed photovoltaic projects, energy storage projects, integrated energy management center, smart parking lot and other projects. The total investment of the project is about 4.15 billion yuan, which can provide about 860 million kWh of electricity to the park each year and reduce carbon emissions by about 350,000 tons.

Project Scale

1. Rooftop distributed photovoltaic projects

Make full use of the industrial and commercial roofs in the Fushan Management Committee Park to build distributed photovoltaic projects. In the first phase, the existing building roofs are used to build distributed photovoltaic projects of more than 200MW. In the future, according to the development progress of the park, it is planned to build distributed photovoltaic projects of more than 150MW, with a total investment of about 1.5 billion yuan. The annual power generation of the photovoltaic project is about 350 million kWh.

2. Energy storage projects

In view of the current power shortage problem in the park, combined with the peak, flat and valley electricity price policy of Guangdong Province, according to the power consumption of the park, the first phase plans to invest in the construction of a 300MW or more energy storage power station, charging and discharging for more than 2 hours, and the second phase plans to invest in the construction of a 400MW or more energy storage power station, charging and discharging for more than 2 hours, according to the development of the park and the power load, with a total investment of about 2.1 billion yuan. The energy storage power station supplies about 510 million kWh of electricity annually.

3. Integrated Energy Management Center

The company plans to build a comprehensive energy management center in the park with an investment of about 50 million yuan. Through data analysis, it will conduct reasonable dispatch and control of photovoltaic and energy storage power supply to ensure safe, stable and legal electricity use.

4. Smart parking lot

According to relevant plans, the company plans to build a large-scale smart parking lot in the park and configure smart charging piles to meet the charging needs of new energy vehicles such as household vehicles and transport trucks in the park. The total investment is approximately 500 million yuan.